Current:Home > MyArizona Coyotes to move to Salt Lake City after being sold to Utah Jazz owners -WealthConverge Strategies
Arizona Coyotes to move to Salt Lake City after being sold to Utah Jazz owners
View
Date:2025-04-12 05:52:45
The NHL’s Board of Directors announced Thursday it had approved the establishment of a franchise in Utah, selling the Arizona Coyotes’ existing hockey assets, including its reserve list, roster of players and draft picks to the new Utah team.
The sale renders the Coyotes franchise inactive. Team owner Alex Meruelo retains the right to reactivate the franchise if he can construct a new, state-of-the-art facility up to NHL standards within five years.
“The NHL’s belief in Arizona has never wavered,” commissioner Gary Bettman said in a statement. “We thank Alex Meruelo for his commitment to the franchise and Arizona, and we fully support his ongoing efforts to secure a new home in the desert for the Coyotes. We also want to acknowledge the loyal hockey fans of Arizona, who have supported their team with dedication for nearly three decades while growing the game.”
The team was sold to Smith Entertainment Group, led by Ashley and Ryan Smith, who own the Utah Jazz NBA team. It will play at the Delta Center.
In a statement, Meruelo said it was “simply unfair” to the players, coaches and other stakeholders to play in an arena that is not suitable for NHL games.
All things Coyotes: Latest Arizona Coyotes news, schedule, roster, stats, injury updates and more.
“But this is not the end for NHL hockey in Arizona,” Meruelo said in a statement. “I have negotiated the right to reactivate the team within the next five years, and have retained ownership of the beloved Coyotes name, brand and logo. I remain committed to this community and to building a first-class sports arena and entertainment district without seeking financial support from the public.”
All week, rumors have been swirling about the move. This came weeks after the hockey team announced it would bid on state land in north Phoenix to build an arena and surrounding entertainment district. That auction was set for June 27. Meanwhile, Phoenix Mayor Kate Gallego was trying to line up a meeting with team owners about its plans.
Bettman will hold a news conference with Meruelo on Friday in Arizona and with the Smiths in Salt Lake City later in the day.
“Our intention had always been to pursue an expansion team. Commissioner Bettman conceived and proposed an ingenious plan that would allow us to acquire an NHL franchise while also helping to address and remedy an immediate need of the NHL," the Smiths said in a statement. 'When he approached us and asked us for help resolving this situation, we made the bold decision to introduce a new franchise in Utah, fully understanding that we are stepping up to do something in a time frame and way that has never been done before in professional sports under these circumstances.
“We are committed to building a Stanley Cup contending team and are thrilled to welcome incredible players, coaches, staff, and their families to Utah."
Ryan Smith told NHL Network that fans had put down 4,000 deposits for season tickets in the first 45 minutes after the announcement.
This will be the first time an NHL team has moved since the Atlanta Thrashers relocated to Winnipeg in 2011.
The Coyotes moved from Winnipeg to Arizona in 1996. They first played in downtown America West Arena, which didn't have good sightlines for hockey. They played in Glendale, a long drive from the fan base, and most recently at 5,000-seat Mullett Arena. Voters shot down a proposed arena in Tempe.
The Coyotes won their final game at Mullett Arena on Wednesday, beating the Edmonton Oilers 5-2. They finished seventh in the Central Division and missed the playoffs for the 11th time in 12 seasons since they reached the conference final in 2012.
But they improved by 13 points in 2022-23 and by another seven points this season.
The Coyotes' presence led to a strong youth hockey market in Arizona. NHL star Auston Matthews and Toronto Maple Leafs teammate Matthew Knies are from Arizona.
"(Arizona) means everything. I grew up here, I played my whole career here," Coyotes All-Star Clayton Keller said. "There's so many great people that are in this organization, great teammates, I could go down the list of all the people who made sacrifices for us to perform. It's definitely tough and hopefully the NHL will be back here in a couple years."
Contributing: Mike Brehm, USA TODAY
veryGood! (7)
Related
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Heartbroken US star Caeleb Dressel misses chance to defend Olympic titles in 50-meter free, 100 fly
- More US schools are taking breaks for meditation. Teachers say it helps students’ mental health
- Mark Kelly may be Kamala Harris' VP pick: What that would mean for Americans
- Nevada attorney general revives 2020 fake electors case
- Third set of remains found with gunshot wound in search for 1921 Tulsa Race Massacre graves
- Judge rejects replacing counsel for man charged with shooting 3 Palestinian college students
- Man dies parachuting on the South Rim of the Grand Canyon
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Aerosmith Announces Retirement From Touring After Steven Tyler's Severe Vocal Cord Injury
Ranking
- Former longtime South Carolina congressman John Spratt dies at 82
- You’ll Flip for Why Stephen Nedoroscik’s Girlfriend Tess McCracken Says They’re a Perfect 10
- Florida deputy killed and 2 officers wounded in ambush shooting, police say
- Meet the artist whose job is to paint beach volleyball at the 2024 Olympics
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Trump and Vance return to Georgia days after a Harris event in the same arena
- At Paris Games, athletes can't stop talking about food at Olympic Village
- Team USA rowing men's eight takes bronze medal at Paris Olympics
Recommendation
SFO's new sensory room helps neurodivergent travelers fight flying jitters
1 of 3 killed in Nevada prison brawl was white supremacist gang member who killed an inmate in 2016
Katie Ledecky swims into history with 800 freestyle victory at the Paris Olympics
Christina Hall, Rachel Bilson and More Stars Who’ve Shared Their Co-Parenting Journeys
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Freddie Prinze Jr. Reveals Secret About She's All That You Have to See to Believe
Paris Olympics highlights: Simone Biles, Katie Ledecky win more gold for Team USA
Olympics 2024: Pole Vaulter Anthony Ammirati's Manhood Knocks Him Out of Competition